Special Places to Stay
Rental Investment in Spain
For some property buyers rental investment in Spain is the main reason for purchase. In these cases we advise on the best locations, depending on whether they want short or long term rentals. Others only make their properties available for rent when they are not using them. Either way, if rental income is a factor it will influence the locations and type of property we suggest. Get the location and property right and you have some of the highest occupancy rates in Europe. As well as the prime coastal locations for high season lettings, there is strong year-round demand in cities such as Barcelona, Valencia and Málaga. In addition, high quality properties in the countryside are popular throughout the year. Get it wrong, even by just a few kilometres, and your rental investment in Spain may not show much return.
For several years Spain has been the third most visited country in the world. And the signs are that 2017 will be another record-breaking year for overseas tourism. There’s a good chance Spain may even become the most visited country in the world. Official figures show that 35% of overseas tourists do not stay in hotels. So with 80m visitors expected in 2017, the demand for private rentals has never been higher. It’s become very clear in recent years that the highest demand is for the best quality in prime locations. The Property Finders know what the market wants and many former clients are achieving rental income way beyond their expectations.
The Legal Issues
We also advise buyers about how to rent their property legally. You must have a license for short term holiday lets to tourists in Spain and there are big fines for non-compliance. For more background on this topic read my blog about the Andalucía Rental Law and this one which covers the wider Spanish Rental Market.
All the properties below were found for The Property Finders clients so we can recommend them as lovely places to stay. Perhaps to check out an area for your own property purchase in Spain or you just want a relaxing holiday.
For further independent advice and information about purchasing property in Spain Spanish Property Insight is a recommended source. And Marbella Family Fun is a recommended web site for all kinds of information about Marbella and the Costa del Sol for both residents and visitors alike.